Alpari Broker Review
About Alpari
Alpari was founded in Russia in 1998, making it one of the oldest and most established financial brokerages in the world. The company has built extensive experience in the financial markets, particularly forex, over more than two and a half decades. In that time Alpari has attracted clients from around the world, and the number of traders who have chosen Alpari as their broker has reached 3 million. That is a strong testament to how reliable the company is and how solid its services are. For how it compares with other brokers, see our roundup of the best forex brokers.
Alpari offers a wide range of instruments for trading, including foreign currencies (forex), commodities and metals such as gold, silver and oil. Traders can also access global stocks and indices, and even cryptocurrencies, through CFDs.
Alpari is licensed by the Mwali International Services Authority in Moheli Island as an international broker and clearing company under license number T2023236. This license is a safety standard for Alpari’s clients, meant to protect their deposits and accounts.
Alpari at a glance:
Website: https://alpari.com/en
Year founded: 1998
Number of clients: over 3 million
License: Mwali International Services Authority
Alpari’s key advantages:
- Islamic accounts free of overnight swap fees.
- Leverage of up to 1:3000.
- Accounts with no minimum deposit.
- Cent trading accounts.
- Commission-free accounts.
- MetaTrader 4, MetaTrader 5 and Alpari Invest trading platforms.
- A rewards and points program for all clients.
- Easy, fast deposits.
- Trading across multiple instruments: currencies, metals, commodities, stocks, indices and even cryptocurrencies.
What sets Alpari apart from other brokers?
- Experience and track record: Alpari is one of the oldest financial brokerages, especially in the Middle East region, having been founded 25 years ago. That means the company has extensive experience in the industry, which has allowed it to stay in the market despite two global financial crises over the past two and a half decades.
- Competitive terms: some brokers focus on one particular trading condition and neglect the rest, but Alpari tries to offer its clients the best terms across the board. The leverage Alpari offers is among the highest in the market, reaching 1:3000, while at the same time a live account can be opened and funded with as little as one dollar to start trading. There is practically no limit to what you can do with Alpari.
- PAMM investment accounts: Alpari was the first broker to offer PAMM accounts, which let clients hand over money management to professional traders acting on their behalf. You can also build a diversified portfolio to reduce investment risk by spreading funds across multiple PAMM accounts.
- Ongoing awards and recognition: Alpari has received numerous awards that confirm the company’s success and standing among brokers. The most recent is the Best Forex Broker in the Middle East award from Smart Vision Dubai 2023.
Account types available at Alpari:
Alpari offers 6 different account types, each with its own set of features, since traders differ in the instruments they want to trade, the minimum deposit they can afford, and several other factors. That is why Alpari gives its clients the option to pick the account that best fits their own trading priorities.
| Account Type | Nano.MT4 | Standard.MT4 | ECN.MT4 | Pro.ECN.MT4 | Standard.MT5 | ECN.MT5 |
| Minimum deposit | None | $20 | $300 | $500 | $100 | $500 |
| Commissions | None | None | Yes | Yes | None | Yes |
| Instruments | 33 currency pairs, precious metals | 33 currency pairs, precious metals, 25 CFDs | 46 currency pairs, precious metals, 44 CFDs | 46 currency pairs, precious metals, 55 CFDs | 33 currency pairs, precious metals, 25 CFDs | 46 currency pairs, precious metals, 692 CFDs |
| Deposit currency | USD or EUR (in cents) | USD or EUR | USD or EUR | USD or EUR | USD or EUR | USD or EUR |
| Leverage | 1:500 | 1:10 – 1:1000 | 1:2 – 1:3000 | 1:2 – 1:3000 | 1:10 – 1:1000 | 1:2 – 1:3000 |
| Platform | MetaTrader 4 | MetaTrader 4 | MetaTrader 4 | MetaTrader 4 | MetaTrader 5 | MetaTrader 5 |
Frequently asked questions
How do I open an account with Alpari?
To start trading with Alpari and use all of its features and instruments, go to the following link: https://alpari.com/en/registration. Once you begin opening the account, you will need to submit the required documents to verify your identity and confirm the account. A customer support representative and your account manager will also contact you to help you and answer your questions.
How do I fund the account and get the $50 deposit bonus?
After opening and verifying your account with the required documents, you can fund it instantly through several methods, including bank cards, e-wallets and even cryptocurrencies. For more deposit methods available in your country of residence, contact customer support or your account manager. The bonus is added to your live account once you complete a deposit of $50 or more.
I have no trading experience, can Alpari help me?
Yes. Any Alpari client can open a PAMM investment account, where a professional trader manages your money on your behalf in exchange for a share of the profits. You can choose your account manager from Alpari’s website based on their trading track record. This option is well suited to beginners in the forex market and to those who do not have time to trade on their own.
Disclaimer
This article is for educational purposes only and does not constitute investment advice. Trading forex and CFDs involves significant risk, including the leverage on offer (up to 1:3000 with Alpari), and most retail investor accounts lose money when trading these products. Past performance and awards are not a guarantee of future results. Always verify a broker’s license and terms directly on its official website before depositing funds. This page may contain affiliate links; if you sign up through them, easytradeweb.com may earn a commission at no extra cost to you.